Sig Group Ag · SIX:SIGN
Sig — SIG Combibloc Group — Q3 2019 Earnings Presentation
10 slides from Sig's earnings presentation, Oct 29, 2019
Slide 1: Q3 2019 Trading Statement
SIG COMBIBLOC Q3 2019 TRADING STATEMENT CEO ROLF STANGL CFO SAMUEL SIGRIST Q3 2019 TRADING STATEMENT 29 OCTOBER 2019
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation is not for use within information provided in this presentation and we disclaim any liability for the expense, depreciation of property, plant and equipment and right-of-use any country or jurisdiction or by any persons where such use would u
Slide 3: Q3 2019 Financial Highlights
Q3 2019 FINANCIAL SUSTAINED MOMENTUM HIGHLIGHTS IN APAC AND AMERICAS TOTAL CORE ALL REGIONS ADJUSTED SIGNIFICANT REVENUE UP REVENUE UP CONTRIBUTING EBITDA IMPROVEMENT TO GROWTH MARGIN IN ADJUSTED +9.1% +9.5% NET INCOME: 27.7% DEBT REDUC- (Q3 2018: TION AND UP UP 27.5%) LOWER FINAN- CING COSTS +6.1%
Slide 4: 9 Months 2019 Financial Highlights
9 MONTHS 2019 FINANCIAL FULL YEAR GUIDANCE HIGHLIGHTS MAINTAINED TOTAL CORE CORE REVENUE ADJUSTED ADJUSTED NET REVENUE UP REVENUE UP EBITDA INCOME: +6.5% +7.8% € 1,236M MARGIN €134M 26.4% (9M 2018: (9M 2018: (9M 2018: € 75M) UP UP € 1,146M) 26.5%) +4.4% +5.6% AT CONSTANT AT CONSTANT CURRENCY CURRENC
Slide 5: Revenue Evolution 9 Months and Q3
REVENUE EVOLUTION CONTINUING STRONG PERFORMANCE 9 MONTHS AND Q3 IN GROWTH MARKETS 9M 2019 Q3 2019 €MILLION €MILLION 33 23 1 13 -27 24 9 1’173 1’146 1’236 1’249 -6 12 13 9 -2 5 8 CONSTANT CURRENCY CONSTANT CURRENCY GROWTH RATE 409 403 GROWTH RATE 441 446 +1.6% +7.8% +11.3% +4.2% +7.9% +12.4% 9M 2018
Slide 6: Adjusted EBITDA Evolution 9 Months and Q3
ADJUSTED EBITDA EVOLUTION TOP LINE CONTRIBUTION 9 MONTHS AND Q3 HIGHER IN Q3 9M 2019 Q3 2019 €MILLION €MILLION MARGIN 26.4%1 16 3 -3 -11 -2 14 1 MARGIN 27.7%1 311 325 329 5 8 1 0 1 -5 0 113 118 124 9M 2018 FX NET OF FX TOP LINE RAW PRODUCTION JV SGA MISC 9M 2019 Q3 2018 FX NET OF FX TOP LINE RAW PRO
Slide 7: Adjusted Net Income Significant Increase
ADJUSTED NET INCOME BENEFIT OF LOWER SIGNIFICANT INCREASE FINANCING COSTS €million 9M 2019 9M 2018 PROFIT / (LOSS) FOR THE PERIOD 52 (8) Financing costs and exchange rate impacts (3) (20) PPA depreciation and amortisation 103 105 Adjustments to EBITDA 8 16 Of which: Share of profit or loss of joint
Slide 8: Full Year Guidance
FULL YEAR TARGETS GUIDANCE MAINTAINED STRONGER THAN EXPECTED Q4 BASE OF COMPARISON FY CORE REVENUE GROWTH TOP LINE PERFORMANCE IN HIGHER THAN Q3 WITHIN 4 -6% RANGE AT FIRST NINE MONTHS LOWER IMPACT FROM YEAR CONSTANT CURRENCY END RALLY EXPECTED ADJUSTED EBITDA GROWTH FY ADJUSTED EBITDA SIMILAR TO H1
Slide 9: Summary: Resilient Growth
SUMMARY CONTINUING RESILIENT GROWTH TRACK RECORD TOP LINE PERFORMANCE RESILIENT END MARKETS ASIA PACIFIC SHOWING DEMONSTRATES CONTINUING AND RAZOR-RAZORBLADE ONGOING GROWTH IN LIQUID SUCCESS OF GROWTH BUSINESS MODEL DAIRY STRATEGY BEST-IN-CLASS NEW DIFFERENTIATED PRODUCTION CAPACITY TECHNOLOGY AND C
Slide 10: Thank You
THANK YOU CEO ROLF STANGL CFO SAMUEL SIGRIST Q3 2019 TRADING STATEMENT 29 OCTOBER 2019